From the Editor

Jennifer Runyon, Chief Editor

Even as the price of oil tumbles, renewables are making progress all
over the world. In fact, as our Last Word explains, a true “decoupling”
of oil prices and renewable energy prices has taken place, particularly with regard to returns on renewable energy projects in the developing world. Today, we are seeing an equal amount of investment dollars
going to projects in the developing world as we are seeing investments
being made on projects in the developed world. That’s a first.

The de-centralized nature of renewable energy means that small
villages and rural areas in very remote locations can leapfrog the
grid, becoming energized with solar microgrid technology. Further,
innovative “pay-as-you-go” type business models are proving that
bringing green energy to the developing world is no longer a charitable endeavor. There is real money to be made in this work.

Finally, Bloomberg New Energy Finance shows us that globally the
amount of new clean energy capacity installed in 2014 was greater
than the amount of new fossil-powered energy capacity — a trend that
the frm expects will continue as we move forward.

In conversations that I have with those working in the fossil industry, I get the sense that statistics like these often make them feel defensive about the work they are doing and fearful about the future of their
careers. It is important for us all to keep in mind that it took more than
100 years to get to this point in our energy evolution and a full transition to clean energy will likely take an equally long time. It’s a mighty
long see-saw but the tipping point may very well be here. à

PUBLISHER Stephanie Kolodziej

CHIEF EDITOR Jennifer Runyon

ASSOCIATE EDITOR Jennifer Delony

PRODUCTION

ART DIRECTOR Kelli Mylchreest

PRODUC TION DIRECTOR Mari Rodriguez

SENIOR ILLUS TRATOR Chris Hipp

AUDIENCE DEVELOPMEN T
MANAGER Emily Martin

AD SERVICES MANAGER Toni Pendergrass
www.pennwell.com

EDITORIAL OFFICES
RE W Magazine

61 Spit Brook Road, Suite 401,
Nashua, NH 03060

U.S. Toll Free: 877-650-1782

+ 1 603-891-0123

Fax:+ 1 603-891-9351
www.renewableenergyworld.com

ADVERTISING
For information on advertising in future
issues of the magazine, please contact: